In today’s Bulldog wrapup of technology news:

  • Emrise Corp. in Durham sells a subsidiary, plans shutdown
  • Google hires a woman as next CFO
  • Former Lenovo and Cisco execs land at Dell
  • Servers to heat homes in a trial
  • Twitch may have been hacked

The details:

  • Emrise sells subsidiary for $22M, to shut down

Durham-based Emrise, a defense and aerospace manufacturer, announced Monday that it had sold its Emrise Electronics subsidiary to Data Service Corporation for $22 million, was looking to sell another subsidiary, and would be shutting down as a company.

“After a thorough analysis of various strategic alternatives, the Board has determined that this all-cash transaction represents the best return for the Company and its stockholders,” said Carmine T. Oliva,
Emrise’s Chairman and CEO, in a statement.

The subsidiary to be sold is CXR Anderson Jacobson, a communications equipment business.

  • Dell hires former Lenovo, Cisco execs

Rory Read, former of Lenovo, Dell and AMD, has signed on with Dell as president and chief operating officer of worldwide commercial sales.

Meanwhile, former Cisco exec Paul Perez will be chief technology officer of the Dell Enterprise Solutions Group.

The appointments were disclosed Monday.

Read more at eWeek: http://www.eweek.com/pc-hardware/dell-hires-ex-amd-ceo-former-cisco-exec-for-enterprise-business.html#sthash.RPWrNrUx.dpuf

  • Google hires Morgan Stanley’s Ruth Porat as CFO

Morgan Stanley’s chief financial officer, Ruth Porat, is leaving the New York investment bank for the same job at Google.
Porat, 58, will be the Internet search company’s top female executive when she joins Google on May 26. She will report to CEO and co-founder Larry Page.

“I’m delighted to be returning to my California roots and joining Google,” Porat said in a written statement Tuesday.
Morgan Stanley said that Porat’s last day will be April 30.

Porat is one of the highest-ranking women executives on Wall Street. A 28-year veteran of Morgan Stanley, she joined the firm in 1987 and worked her way up to being named executive vice president and chief financial officer in 2010.

  • Test trial to use computer servers to heat homes

An energy company is joining forces with a tech startup to harness computing power to heat homes in the Netherlands.

Eneco, a Dutch-based energy company with more than 2 million customers, said Tuesday it is installing “e-Radiators” — computer servers that generate heat while crunching numbers — in five homes across the Netherlands in a trial to see if their warmth could be a commercially viable alternative for traditional radiators.

The technology is the brainchild of the Dutch startup company Nerdalize, whose founders claim to have developed the idea after huddling near a laptop to keep warm after their home’s thermostat broke and jokingly suggesting buying 100 laptops.

“Ten minutes later, we thought: ‘That’s not such a crazy idea,'” said Boaz Leupe, one of Nerdalize’s founders.

  • Twitch warns users of possible hacking incident

Amazon.com’s video game streaming platform Twitch informed usersthat their accounts may have been hacked.

Twitch told users that it had taken steps to accelerate the expiration of their passwords and stream keys as a precaution, while disconnecting accounts from Twitter and YouTube.

It also recommended that users change their passwords at other sites where similar passwords are used.

Twitch is a multi-channel online network built for people who not only enjoy playing video games, but find it entertaining to watch others who might impart tricks and tips for excelling at their favorite games.

E-commerce giant Amazon.com Inc. bought Twitch for $970 million in 2014 as part of a move to take part in video gaming’s growth as an online spectator sport.

Twitch said it will communicate directly with affected users, according to the message sent Monday.

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